Arsenal target Amine Harit is set to join Schalke for £7.75million after completing a medical at the weekend.
The Nantes playmaker had emerged as a target for Arsene Wenger after his impressive performances for the Ligue 1 side.
During his first full season as a regular first team player, the 20-year-old racked up 30 appearances, scoring once, which attracted the attention of a number of clubs.
Bayern Munich as well as Arsenal had reportedly considered a bid but they have been beaten to the punch by their Bundesliga rivals.
Schalke have agreed a fee of around £7.